Topic: Will the price gets to $60k this year? - page 2. (Read 1006 times)

This year is just better for accumulation I don't believe prices are so high unless in 2024 maybe there will be a movement towards recovery well but we never know the exact time unless we continue to hold until the time comes.
I don't care if it's $40k or $60k it will still continue to be held until the price is high, because history in the previous cycle will not be much different at the end of bitcoin can ATH again then just continue to accumulate.

That's right, bro, from the history of Bitcoin on-chain data, maybe it's not 100% repeated on time, I'm a little less sure this year bitcoin can reach a price of $ 60k, I think this year bitcoin will only reach $ 40k. But from the history of Halving we can see the future of bitcoin, so we all, as you said, must be optimistic for a better 2024. Now is a good time to continue collecting bitcoins four months before the halving, holding them and selling them when they hit a new ATH.

Still about 4 months to go to see the price reach $60k and I don't think it's that hard to reach $60k, of course $60k won't happen in a day or a week from $29k, and if the price skyrockets it will take at least 2 months to reach $60k, the thing that makes us optimistic is that early 2024 there will be a halving day which will usually create a surge in demand.

If Bitcoin market really rallies, $60k can be done in less than a week but at this moment it looks like there is not enough catalyst to hype the market and create FOMO among the traders and bystanders.  I do not know what factor this coming ETF decision will bring, is it a hype or a FUD?  


Yeah, it's been a long sideway movement for the Bitcoin market.  It feels like someone doesn't want the market to explode because every time there is a sudden uptrend, it is always got sold making the price goes back to where it was before.  I believe once these people finish accumulating, we might possibly find the market moving at a surging pace but of course, we will never know when it will happen.

For everyone expecting for the best to take place with halving, it is the time to accumulate as much possible. During halving it is possible to see good growth with bitcoin, earlier there used to be bearish movement in the market. It happens to push the price, there is difference in reaching new high from the bottom and there is difference in reaching high price from a price point which is already a big price. So, opportunities need to be used in a wise manner, and there is fair chance of price reaching $60k considering the way market is moving. There is no fast move, but in a much stabilized manner the rise is happening.

There's no other thing that we do have in mind on what would be the most common catalyst for going up in terms of its price or value but rather majority of us is really that waiting for the halving even on next year. Somehow if there would be some good news or positive ones which could trigger out some good impressions towards the market then we might be having the chance but of course its not something guaranteed. We know that $60k isnt really that too far off on which it would really be just that common or really that normal that people would be skeptical because of the random movements that we do have.

Its been a while that we are moving sideways, its been a while which we had been always that rejected on 30k price point on which it is really that hard to tell on when the price would be breaking out that resistance. For this year then it is really hard to predict but while we are approaching towards Halving then we might be seeing some significant movement.It is really just that we cant really be able to make sure whether we would really be having some initial pumps or would really be able to see some one huge major correction before we would take off. It is really that to tell honestly
and this had been the main question of everybody in the first place.

The only hope right is halving but we have to keep in mind that it takes time after having before we start seeing a bull runs. Right now it's good time to buy bitcoin for upcoming bull run. What we learn from historical price chart is that there is always a massive bull run after every halving. If you have faith in bitcoin then better start accumulating bitcoin now.

Means it's been more than 4 months bitcoin continues to be in the area of $29k - $30K is this perhaps a long sideways pattern?
Bitcoin is still very difficult to break through resisteni, but towards the end of the year his real $60K it is still no time. We never know.

I think after the halving, we are only optimistic that even this year no bullrun is not a problem for us at all.

A solid move is possible after the halving, but about the collection of bitcoin should never be neglected we are still in a difficult market situation, then just take advantage of it.

It has been almost 4 months since this post. I still think the same way because there is no development that would require the Bitcoin price to rise, except for halving. Of course we all want the price to go up, but we have to be realistic. I think that the target of 60 thousand for the end of the year is very high and difficult to reach.

There may be a bull run before or after the halving, we need to be prepared for it, but there is no guarantee that it will happen by the end of the year, so we should not rush.

Bitcoin is progressing step by step and will reach its goal with solid steps. The bull run will come and what we have to do is increase the number of Bitcoins we have. That's all we need to focus on right now.

Bitcoin price may not reach 60k this year. Because the Bitcoin bull market will probably maycome maybe next year i.e. between 2024 and 2025. But this year bitcoin price may reach 45k to 50k.

We are still in Q1 now and of course such hope still exists with unpredictable conditions for the future. but indeed something like this will be a possibility that happens because regardless of anything up and down it is still very possible now.
But apart from anything, of course, the important point is when the price then reaches $ 60k again, then that is clearly very good, but on the other hand, when the price is corrected again and falls again and again, then actually it is still very good for those of us who are DCA and waiting at the bottom to take advantage of the momentum with the possibility of higher returns.

Yeah, it will hype up and the impact might be possible as there are updates and news that will help the market to gain interest from old and new investors. With that, we may see a good increase but if there's none which is happening right now, we can't tell if whether we will see a good run or it will not happen this year.

You need to assess and analyze whether you will continue to buy and hold until it reached the target price that you set for your selling position.

Maybe it's just someone's belief to take positive from what they achieve. by thinking positively maybe it will make dreams come true this year quickly. but don't get hung up on just one type of currency because you can work on many other virtual currencies.

Or simply it does really need up that kind of catalyst or something that would really be pushing up it price and not really just going instantly or shoot up or giving that huge green candle on which i could say that

this upcoming bull run might really be a little different compared into those previous one.Speaking about reaching $60k for this year then we cant really know if we would be able to hit up that high for this year alone.Considering on the current price now which is sitting around almost 30k then its not really that too far off on getting that x2 increase for this year on which we can consider out since we are really
that approaching on bull run. We cant really tell on what would happen on the next 7 months for this year itself.

There are things which could happen in the way which it would be heavily be affecting bitcoins price whether positively or negatively.No one could ever tell.

Due to the currently difficults, everything indicates Bitcoin isn't going to cross the 60,000$ line this year yet. It's a long way to go with low fuel left. The market has to warm first and that is not the kind of thing which happens instantly. We need positive news like the decreasement of interest rates in US and Europe, BTC halving event and other secondary ongoings which can be highlighted on global news, like the rising of BTC adoption or the approval of friendly regulations towards it in different countries.

I think we don't need to hurry about the price to rise up again if the btc will not riae back to 60k$ then we can have the opportunity to buy more token or coins to hold, i believe that bitcoin will surely rise up to 60k$ or above 70k$ to 100k$ but i dont know when or what year it will happen all i can suggest is hold because holder always win.

We can always believe that the BTC price will be higher than $30k at some point in the future, the current market correction is according to the predictions that have been determined on the price chart, because BTC will definitely return to the $25k price circle after a significant increase from the beginning of this year, so buying DCA is very important in the market correction price and we can make some purchases below the current price if the market can decline in the next correction

No one can say if when that resistance @ $30K will be break and I see your point it's important to see the market to pump strong if that $60K will be reach this year, as far as we see the market still having difficulty breaking $30K and there are times that it keep bouncing down and the fear with new investors are affected as they can quickly sell and lose portions of their investments. Hard to predict, but if you believe so then better to keep buying portion by portion, as if the market pump back then the benefits is decent.

I also don't think bitcoin can hit $60k this year, but I don't dare say the same as you. The chances of that happening are still there but pretty low. If you look back at the 2019 chart, after bitcoin bottomed in 2018, there was a moment in 2019 when bitcoin rallied to $12k before falling to $5k in 2020. If history repeats itself, there is still a chance that bitcoin will have a strong recovery this year and reach $60k is possible. I think a lot of people have reanalyzed the cycle before, that's why they came up with this idea.

I think the price of $ 60k will be easily achieved if market conditions continue to improve as they are today, now everyone has forgotten about LUNA and FTX so that the market can move positively, this is what makes me optimistic that the price of $ 60k is not difficult to achieve in the current year.